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Magnifico I.T. Services Limited

04462111

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

1 PAVILION SQUARE, WESTHOUGHTON, BL5 3AJ
Incorporated 17/06/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing

Officers

Susmita Mukherjee

secretary · Since 17/06/2002

ADMIN ASST

INDIAN · Age 52

Also on 1 other board

Mr Subrata Mukherjee

director · Since 17/06/2002

COMPUTER CONSULTANT

BRITISH · UNITED KINGDOM · Age 54

Also on 5 other boards

Persons with Significant Control

Mr Subrata Mukherjee

50–75% shares

British · England · Age 54

1 Pavilion Square, Cricketers Way, Westhoughton, BL5 3AJ

Notified 18/06/2016

CompanyRankvs 563+ SIC 58290 peers
76

Financial strength90th percentile among SIC peers · 23/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£123k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£123k

Working capital

Current Assets

£493k

Current Liabilities

£370k

Debtors

£491k

2avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.33-£20k
20231.41-£63k
20221.61-£48k
20211.77+£2k
20201.85-£82k
20192.12+£11k
20182.09

Derived from filed accounts. Not audited figures.